Focus: Made in Russia? Chinese cars drive a revival of Russia’s auto factories


Source: reuters.com reuters.com

Key Topics in this News Article:

News Snapshot:

[1/5] People inspect a Jetour Dashing crossover produced by Chinese automaker Jetour at the Keyauto dealership in Lyubertsy, in the Moscow Region, Russia July 12, 2023. REUTERS/Maxim Shemetov July 20 (Reuters) - The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilience of Russia's auto industry to Western sanctions. "This is a historic event," Sergei Sobyanin said as the Moskvich was unveiled at a factory the Moscow government took from French carmaker Renault (RENA.PA) last year for just one rouble ($0.01). "Many people thought it was...